CHINA

U.S. President Barack Obama and Chinese President Hu Jintao vowed on Wednesday to work to find common ground as the two countries announced $45 billion (28 billion pounds) in export deals.

The government of China government has placed an order for 200 Boeing planes, according to senior U.S. government officials, as part of a $45-billion export deal with China.

House speaker, John A. Boehner declined an invitation to attend tonight’s official state dinner at the White House in honor of Chinese President Hu Jintao.

The following is the text released by the White House of remarks by U.S. President Barack Obama and Chinese President Hu Jintao on the morning of January 19, 2011 at the South Lawn of the White House at the official arrival ceremony. Neither president took questions.

Gold rallied for a third consecutive session on Wednesday, boosted by broad weakness in the dollar and robust Asian consumer demand, while anticipation of more resilient global growth took platinum to 30-month highs.

After a lengthy absence, [other] asset managers and central bankers are readmitting gold back into the group of prudent asset classes, writes Thomas Kaplan, chairman of New York's Tigris Financial advisory and asset-management group, in today's Financial Times.

Is Ericsson's glass half full or half empty? The Sweden-based telecom gear maker is at last enjoying the benefits of an upturn in demand, but much of the growth could come from less profitable areas.

Lenovo, the PC company came up with the device as China prohibits foreign game consoles

Agribusiness giant Cargill Inc plans to spin off its $24 billion majority stake in Mosaic Co , a move that could eventually lead to a takeover of Mosaic, the world's second-largest fertilizer producer.

China's consumer price index (CPI) dipped to 4.6 percent in the last year, according to a report by Hong Kong-based Phoenix TV, BBC reported.

Apple Inc landed blockbuster results and a strong outlook on dazzling sales of the iPhone and iPad, reassuring investors that visionary CEO Steve Jobs's medical leave will have no impact on growth.

Even as the U.S. and China are preparing for what is termed as the most important heads of state level meeting in a decade, Japan has come out strongly for healthy ties between the world's two largest economies which happen to be political adversaries as well.

Nokia is expected to report its third profit fall in a row as the mobile phone company struggles to compete against high-end smartphones of Apple and Samsung, while also losing share at the cheaper end of the market.

Google Inc. has extended its dominance in the worldwide search advertising market amid challenges from Microsoft’s Bing and rising competitive obstacles in fast-growing regions, says a report from IHS iSuppli.

Swatch Group , the world's largest watchmaker, gave an upbeat outlook for 2011 as it expects strong demand for its watches to help offset the impact of the soaring Swiss franc.

China's exports of vital rare earth elements used for numerous high-tech goods slipped almost one-tenth last year but the overall value rocketed as quota cuts lifted international prices, data showed on Wednesday.

Asia's rapid economic growth will moderate slightly in 2011 even as policymakers combat rising prices with higher interest rates and try to keep local currencies from appreciating too sharply, a Reuters quarterly poll showed.

The top after-market NASDAQ stock market gainers on Tuesday are: NuVasive, Datalink, Coldwater, Ener1 and TASER International. The top after-market NASDAQ stock market losers on Tuesday are Cree, DepoMed, Rubicon Technology, Veeco Instruments and Ares Capital.

An increasing number of U.S. companies in China say the enforcement of intellectual property rights has deteriorated in the last year and that the regulatory environment is the biggest hurdle to doing business there, a survey showed on Wednesday.

Prime Minister Manmohan Singh will reshuffle his cabinet on Wednesday in a mid-term effort to refresh a coalition government snared by corruption scandals and year-high food inflation as it faces key state elections.

History shows the U.S. can force China to revalue the yuan.